Mitsui Mining & Smelting Balance Sheet Health
Financial Health criteria checks 5/6
Mitsui Mining & Smelting has a total shareholder equity of ¥286.0B and total debt of ¥200.7B, which brings its debt-to-equity ratio to 70.2%. Its total assets and total liabilities are ¥640.6B and ¥354.6B respectively. Mitsui Mining & Smelting's EBIT is ¥31.7B making its interest coverage ratio -6. It has cash and short-term investments of ¥32.5B.
Key information
70.2%
Debt to equity ratio
JP¥200.72b
Debt
| Interest coverage ratio | -6x |
| Cash | JP¥32.48b |
| Equity | JP¥286.02b |
| Total liabilities | JP¥354.62b |
| Total assets | JP¥640.63b |
Recent financial health updates
Recent updates
Mitsui Mining & Smelting (TSE:5706) Is Looking To Continue Growing Its Returns On Capital
Jun 20
Is Mitsui Mining & Smelting (TSE:5706) A Risky Investment?
Jun 05We Think Mitsui Mining & Smelting's (TSE:5706) Solid Earnings Are Understated
May 21Investor Optimism Abounds Mitsui Mining & Smelting Co., Ltd. (TSE:5706) But Growth Is Lacking
May 11Estimating The Fair Value Of Mitsui Mining & Smelting Co., Ltd. (TSE:5706)
Apr 09Capital Allocation Trends At Mitsui Mining & Smelting (TSE:5706) Aren't Ideal
Mar 07Financial Position Analysis
Short Term Liabilities: 5706's short term assets (¥344.6B) exceed its short term liabilities (¥204.5B).
Long Term Liabilities: 5706's short term assets (¥344.6B) exceed its long term liabilities (¥150.1B).
Debt to Equity History and Analysis
Debt Level: 5706's net debt to equity ratio (58.8%) is considered high.
Reducing Debt: 5706's debt to equity ratio has reduced from 120.7% to 70.2% over the past 5 years.
Debt Coverage: 5706's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 5706 earns more interest than it pays, so coverage of interest payments is not a concern.